Mumbai, Dec 11: Benchmark stock indices Sensex and Nifty rebounded on Thursday, cutting short a three-day falling streak following buying in auto and metal stocks and a rate cut by the US Federal Reserve.
Rebounding from its early lows, the 30-share BSE Sensex climbed 426.86 points or 0.51 per cent, to settle at 84,818.13. During the day, it hit a high of 84,906.93 and a low of 84,150.19.
The 50-share NSE Nifty appreciated by 140.55 points, or 0.55 per cent, to close at 25,898.55. Following initial volatility, the Nifty gradually moved higher and closed near the day’s peak of 25,922.80 as most sectors advanced.
Among the Sensex constituents, Eternal, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Maruti Suzuki India, Sun Pharmaceuticals, Tech Mahindra, HDFC Bank, Tata Motors Passenger Vehicles, Infosys, Trent, Mahindra & Mahindra, Reliance Industries and HCL Technologies were the gainers.
However, Asian Paints, Bharti Airtel, Bajaj Finance, PowerGrid, Axis Bank, ICICI Bank and Titan were among the laggards.
Among sectoral indices, Metal rose the most by 1.14 per cent, Auto by 1.08 per cent, Commodities by 0.94 per cent, IT and Telecommunication by 0.89 per cent each, Focussed IT by 0.87 per cent, Consumer Discretionary by 0.86 per cent, Healthcare by 0.77 per cent and Realty by 0.71 per cent.
Oil & Gas was the only laggard. (PTI)
